President Obama an interview, released on Thursday in the next important steps to ensure that executive pay is closely related to the high risk, make the financial departments safer.
In Friday's "a rolling stone gathers" magazine interview, Obama said, although through dodd - frank financial reform legislation, have more work to do, so that the loss caused by the 2007-2009 crisis after the safety of the financial markets.
"The biggest thing, I'd like to see is the Wall Street to change the incentive mechanism, and how people get compensation," Obama said. He added that this is a problem, even through the, dodd - frank reform, these incentives have completely changed.
"A rolling stone gathers" interview controversial, because the President's use, at a point in a millet title, some people think that the republican mitt romney's attack.
The White House did not controversial speech, but re-election campaign chief stressed that opinion is "in at the end of the interview, a chance to talk." Extensive interviews in Obama's first term, his opinion, his greatest achievements and his fierce fighting and Mr Romney's White House.
The President and Mr Romney is running neck and neck on November 6, ahead of elections, and strengthen their campaign. Obama financial reform finished his four years in office, the signature, and said, the reform will prevent repetition devastating crisis that causes a loss of more than 8 million employment opportunities and erasing an estimated $19 trillion family wealth.
However, dodd - frank reform and financial industry, many enterprises, they say, avalanche puts forward new requirements for the representative in hiring new employees and new investment way, thus prevented more extensive economic recovery is very unpopular. Mr Romney has promised the abolition of 2010 years of dodd - frank of the provisions of the law, if elected.
Obama said, the steadiness of the market is still dangerous bets, because people in risk generous returns, if betting pay off, but in the face of the limited consequences, if these bets to acid.
"The whole system inclined support very dangerous behavior," he said. "Chicken home to reap as one has sown, they are still in the lead of the game way."
This change is not totally depends on in Washington through the law, may need to shareholders or directors to take action, "Obama said. Can't completely legislation system of administrative compensation change, he said.
Another more financial stability, to ensure that in the challenges of the future will be to ensure that the rules prevented Banks accept government check risk trading - the so-called volcker rule - full implementation, "Obama said.
Rules for the slow progress, regulators received thousands of YiJianHan.




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